RERC Issues Draft Procedure for Grid Connectivity For ISTS Network Updated On Thu, Jun 12th, 2025 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC) has released a draft procedure for granting connectivity to the intra-state transmission system (InSTS), marking a key regulatory step toward standardizing and streamlining access to the state’s transmission network. Issued under Regulation 17 of the Rajasthan Electricity Grid Code Regulations, 2024, the draft document is intended to guide various […] Read more
UPERC Proposes Tighter Norms For Banking Renewable Energy Updated On Tue, May 13th, 2025 by Saurenergy In a significant shift likely to impact investment decisions in Uttar Pradesh’s energy sector, the Uttar Pradesh Electricity Regulatory Commission (UPERC) has proposed sweeping changes to the banking provisions for captive and renewable energy projects under its Draft (Captive and Renewable Energy Generating Plants) Regulations, 2024. The new draft regulation, which will replace the 2019 […] Read more
ArcelorMittal’s 1GW Renewable Energy Project Begins Power Supply To Nippon Steel Updated On Fri, May 9th, 2025 by Saurenergy ArcelorMittal’s 1GW solar and wind project located in Andhra Pradesh, southern India, has recently started providing clean electricity to AM/NS India which is ArcelorMittal’s 60/40 Indian steelmaking joint venture with Nippon Steel. The $0.7 billion project was developed, constructed, and commissioned by AM Green Energy, an ArcelorMittal subsidiary. The India renewables project has been developed […] Read more
5 Challenges For India’s 500 GW Clean Energy Target Updated On Mon, May 5th, 2025 by Saurenergy India’s aim to achieve 500 GW of non-fossil fuel-based clean energy capacity target by 2030 may be one of the most ambitious goals for the decade across the globe. Yet, the probability of this happening may be bleak considering the factors adversely affecting the new capacity additions – comparatively sluggish progress, regulatory challenges, uncertainty in […] Read more
JSW, UPPCL Sign 1,500 MW Pumped Hydro Storage PPA Updated On Thu, May 1st, 2025 by Saurenergy JSW Neo Energy Limited, a JSW Energy subsidiary, signed a Pumped Hydro Storage Power Procurement Agreement (PHSPPA) with Uttar Pradesh Power Corporation (UPPCL) for the procurement of 1,500 MW / 12,000 MWh of pumped hydro energy storage. The PHS PPA would be used to supply energy storage capacity for 40 years. As per the order, […] Read more
Suzlon Wins 378 MW Order From NGEL, Pact Grows To 1.544 GW Updated On Wed, Apr 23rd, 2025 by Saurenergy Suzlon Group has secured a 378 MW wind project order from NTPC Green Energy Ltd (NGEL), expanding its total partnership capacity with the public sector utility to 1,544 MW. The win comes even as a key Industry body has predicted additions of 6-7 GW in wind capacity in Fy 26 for India. This marks Suzlon’s […] Read more
European RE PPA Market Adds 19 GW New Capacity In 2024 Updated On Thu, Apr 17th, 2025 by Saurenergy The European renewable energy Power Purchase Agreement (PPA) market saw a strong recovery in 2024, with nearly 19 gigawatts (GW) of new capacity contracted, according to Wood Mackenzie’s latest Europe Renewables PPA Tracker report. The report highlights a surge in PPA activity, with Spain and Germany leading the market, accounting for 30% of total capacity. […] Read more
Q4 FY25: IREDA Posts ₹1,699 Cr Annual Profit, Up 36% YoY Updated On Wed, Apr 16th, 2025 by Saurenergy The Indian Renewable Energy Development Agency (IREDA) records an annual profit after tax (PAT) of ₹1,699 crore for the financial year ended March 31, 2025, marking a 36% jump from the previous year. The state-run green financing firm said PAT for the fourth quarter (Q4 FY2024) rose 49% year-on-year to ₹502 crore. Profit before tax […] Read more
BrightNight, Hero Future Energies Inks PPA With NTPC For FDRE Project Updated On Wed, Apr 16th, 2025 by Saurenergy BrightNight has signed a power purchase agreement (PPA) with state-run NTPC to supply 110 MWac of firm and dispatchable renewable energy (FDRE) over 25 years. The company said, “The energy will be delivered from a 350 MWp solar-wind hybrid project integrated with a 100 MWh battery energy storage system in Rajasthan, and connected via the […] Read more